At most I'm seeing about 2%  5 year rate of return when I put the numbers in the calculator. 

Hi all,How do I determine the cap rate for a two -door multifamily complex? 

I'm currently doing 3 month trial leases and if they feel it's a good fit, they can extend to a longer term lease or do a month to month and a higher rate.

@Detrick Bell cash flow is tough right now with current rates, prices, Houston insurance rates, and texas tax rates. 

Welcome to BP@Bianell De la cruz, we noticed you aren’t a Pro member at this time and we would love to offer you a 20% off discount to start taking action in investing with confidence!

Great question, let me explain:  Home Warranties offer discounted repair and replacement services for major systems and appliances.  

I feel that the property tax rates are a little high 2.77% and 2.78% but I'm still cash flow positive despite the large property tax increase on SFH#1 (owned for 10 years). 

This blog explores the potential changes and how they might affect your investments.National Landscape: Potential ChangesLawsuits alleged NAR policies stifled competition, inflating realtor fees.The settlement could lead to a more open market with:Discounted commissionsTiered commissions based on property valueFlat feesHourly billingOklahoma City ImpactShort-term: Uncertainty, market fluctuations.Long-term:Increased inventory from lower seller closing costs.Shift towards value-added realtor services like targeted marketing and expert negotiation.Technology-driven platforms may offer lower-cost alternatives.Proactive Strategies for InvestorsStay informed about market trends and commission structures.Build relationships with experienced real estate agents.Negotiate commission rates strategically.Focus on long-term investment goals.Conclusion: Adapting to the Changing LandscapeThe national shift in real estate commissions signals a period of potential change for the Oklahoma City market.

The home is priced at $430,000, with an existing mortgage of $350,000 at a 3% interest rate.

I've now had 4 banks get back and say they only offer up to 25 year amortization and 5 year rate terms.